The Real Estate Genius

The September real estate stats are out and last month was a doozy! Check out the numbers and reach out for personal advice or for help buying or selling.

How a lack of starter homes is making the housing crisis worse

Lack of starter homes makes housing crisis worse — The Real Estate Genius This weekend’s New York Times had an interesting article explaining how the economics of home-building has changed, leading new homes to be increasingly larger and more expensive, eliminating the “starter home” for many people, and making homeownership harder to achieve. In the Portland area, ...

In 2019, the state of Oregon passed SB 608, a bill that bans most no-cause evictions and limits rent increases at most Oregon rentals to a certain amount each year (7% plus CPI). With inflation soaring, it was expected that the next rent increase cap could be pretty high, and it is indeed the highest one ever, at 14.6% for 2023.

Oregon Rent Increases Capped at 14.6% Under 2023 Limits — The Real Estate Genius Oregon rents can grow by record amounts under 2023 rules